The Italian company will always have surprises in store for us. There are countless rescues. The deadline was October 15th but we can still wait a few days to know the content of the surprise cover.
Conditions set by Atlantia, one of the future shareholders
While we have remained focused on the recent bankruptcies of XL Airways and Aigle Azur in France, some major airlines, especially in Asia, are in trouble. We will soon talk about Alitalia, which is preparing its umpteenth rescue plan.
1 - Thaï Airways must reduce its expenses by 20%
The European Commission yesterday approved, under EU state aid rules, Germany's plan to grant a temporary loan of €380 million to Condor. The measure will help to ensure the maintenance of air transport services and avoid disruptions for passengers, without unduly distorting competition in the Single Market.
KLM celebrates its 100th anniversary. This could have been done in a light context. Unfortunately, the Dutch and French states are having more and more difficulty communicating.
KLM, the oldest airline in the world still in operation
KLM is therefore the oldest airline company that has not changed its name...